· TathraFault Terrace mapped with upthrown fault blocks hosting four large leads in theArrino and Kadathinni structures with up to 100 km² of combinedclosure.

· New leads are located on a fault terrace in board of the Urella fault,insimilar depths to the Erregulla fields, and on trend with LockyerDeep.

· Seismo-stratigraphyis identical to Lockyer Deep with similar amplitude anomalies at Kingia level.

· Theseidentifiedleadslieonly15kmdueEastfromthehighlysuccessfulSE1well.

ChiefExecutive Officer & Managing Director, Stuart Nicholls said:

“The emergence of the Tathra Terrace demonstrates just how early we are in to our journey of fully understanding the magnitude of the Permiangas fairway in the North Perth Basin. Strike has an exceptional frontier exploration track record in the Basin and will look to extend that success further inboard”